Delegated Authority Manager
Markel Corporation London, United Kingdom
Looking for a role that will have a meaningful impact in Delegated Authority?
We are looking for a manager for our Delegated Authority onboarding team at Markel International. The team oversees underwriting and claims controls across multiple divisions, the Delegated Authority Manager ensures effective due diligence and regulatory compliance for these processes.
Join us and play your part in something special!
The opportunity:
The Delegated Authority onboarding team at Markel International is responsible for the 1st controls of our International Delegated Authority in respect of underwriting across all divisions and delegated claims covering our Wholesale, State National Global, Global Re and Global Specialty Divisions.
The role of the Delegated Authority Manager is vital to support the effectiveness of Markel International's Due Diligence process, and you will be a key member of the Wholesale Operations team.
What you'll be doing:
In this role, you'll be at the forefront of ensuring thorough due diligence reviews of coverholders, adhering to all internal policies and regulatory requirements. You'll enhance and embed processes for Delegated Underwriting and Claims onboarding, ensuring compliance is consistently achieved. Overseeing the implementation of the Delegated workflow system, you'll ensure it meets all functional requirements and produces the necessary management information outputs.
You'll keep the Delegated Authority and Claims business monitoring tracker up to date, ensuring your team completes it effectively. By developing and aligning the Delegated Authority and Claims function, you'll ensure quality and consistency in meeting KPIs and SLAs. You'll also manage the post-bind activity process, ensuring tasks are completed efficiently and on time.
Your role includes first-line due diligence management and oversight of global Service Company Arrangements, in line with agreed procedures and standards. You'll foster close relationships with Governance, Risk, Compliance, Underwriting, and Claims teams to ensure all regulatory requirements for Delegated business are met and documented. Additionally, you'll co-chair the Delegated Oversight Group(s) in your area of responsibility and attend the Delegated Oversight Committee as needed. This position offers a dynamic and impactful opportunity to lead and innovate within the Delegated Authority and Claims space.
Our must-haves:
* Previous experience of working in Delegated Authority Management ideally from a Syndicate / Managing Agent / Lloyd's of London perspective is essential.
* Experience of both International and UK consumer delegated authority business is required, with particular focus on UK binding authorities given recent regulatory changes in the UK Consumer Duty space.
* Robust knowledge of Lloyd's DA regulation with regards to binders including knowledge of DCOM and ATLAS.
* Ability to think strategically and innovatively to aid in the development of the business.
* Excellent interpersonal, decision-making, and organisational skills.
* Ability to guide, inspire, and manage their team or stakeholders towards achieving common objectives.
* Good and effective communicator - open, honest, and respectful.
* High level of accuracy and attention to detail.
* Willingness to take responsibility and accountability in a collaborative manner.
* Ability to deliver work on time to a set deadlines.
* Good understanding of Microsoft Office, Word and Excel.
* Effective stakeholder management skills.
Who we are:
Markel Group (NYSE - MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.
We're all about people | We win together | We strive for better | We enjoy the everyday | We think further
What's in it for you?
* A great starting salary plus annual bonus & strong benefits package...
* 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave.
* Fantastic company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan as well as other great benefits on offer.
* There are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!
Are you ready to play your part?
Choose 'Apply Now' to fill out our short application, so that we can find out more about you.
Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at rec@markel.com or call us at 0161 507 5827 to request any accommodations that may be needed. This includes any alternative formats of any documents or information on how to apply offline.
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